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  • About Lions Peak Insurance
    • What you get with Lions Peak Insurance
  • Our rating for Lions Peak Insurance: 2.9 stars
  • What's good about Lions Peak Insurance
  • What to watch out for with Lions Peak Insurance
  • Best alternatives to Lions Peak Insurance
  • Lions Peak Insurance frequently asked questions
moneyGenius Team
Written and Edited By
Kristy DeSmit
Expert Reviewed By

Based in Vancouver, Lions Peak Insurance is a life insurance broker that works with well recognized names like Sun Life, Manulife, Desjardins, and more. Lions Peak Insurance can help set you up with a life insurance policy tailored to your unique needs.

While Lions Peak Insurance doesn't have the same established presence or reach as the bigger insurance companies, their broker relationships with these bigger names can still provide peace of mind.

What you get with Lions Peak Insurance

Take a look at the finer details of Lions Peak Insurance and all its features:

Verified on September 12, 2025

Lions Peak Financial Group
2.9
Genius Rating
Why You Want It
8 life term insurance lengths + Very responsive customer service.
Special Features
  • Wide range of services available
  • Available Canada-wide
Provinces
ALL
Features
Term Life Insurance
Yes
Terms Available
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 35 years
  • 40 years
  • 50 years
Permanent Life Insurance
Yes
Guaranteed Acceptance Life Insurance
Yes
Universal Life Insurance
Yes
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Our rating for Lions Peak Insurance: 2.9 stars

If you want term or permanent life insurance, Lions Peak Insurance will find you an excellent policy from an excellent source. However, if you prefer guaranteed acceptance or universal life insurance, you'll be out of luck.

Still, the convenience of their online quote system, the impressive range of term lengths offered, and their responsive customer service representatives make Lions Peak Insurance a solid choice for anyone searching for the right life insurance policy.

Rating methodology

To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.

Learn more about our rating methodology.

What's good about Lions Peak Insurance

There are many reasons to like Lions Peak Insurance – here are a few of our favourite details about this company:

Pros

pro Plenty of term lengths to choose from

If you're in the market for term life insurance, you'll find plenty of options with Lions Peak Insurance, starting at just 10 years and going as high as 50 years. If you want more than 50 years, you're probably better off with a permanent life insurance policy instead.

pro Plenty of other services available

Aside from term and permanent life insurance options, Lions Peak Insurance also provides disability insurance, critical illness insurance, and mortgage protection insurance. They can also help with estate planning and provide health and dental benefit plans for individuals and groups.

pro Multiple channels to contact customer service

Clients and interested parties can contact Lions Peak Insurance's customer service through phone, email, or simply by using the instant chat features on the website – through which you can talk to an actual person, not just a chatbot. We found them to be fast and eager with their responses via email, phone, and instant chat.

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What to watch out for with Lions Peak Insurance

On the other hand, there are a few areas where Lions Peak Insurance could use some growth. Take a look:

Cons

con No guaranteed acceptance or universal life insurance options

If you're looking for types of insurance outside of term and permanent, you won't find them with Lions Peak Insurance. While they do have a decent list of convenient services, helping you find guaranteed acceptance or universal life insurance aren't included on this list.

con Online only means no in-person assistance

If you're someone who prefers to walk into a branch and discuss products and services with an actual insurance representative, Lions Peak Insurance probably isn't going to suit you. They're an online-only company with no physical locations to visit. And while there are plenty of ways to speak with a representative and get answers, you can't meet them face-to-face.

Best alternatives to Lions Peak Insurance

When trying to decide between life insurance options, it can help to line the options up side-by-side. Take a look at how Lions Peak Insurance stacks up against other solid life insurance companies:

Lions Peak Financial GroupPolicyMePolicy AdvisorCanada Life
AccountLions Peak InsurancePolicyMe Life InsurancePolicy Advisor Life InsuranceCanada Life Life Insurance
Genius Rating2.92.52.02.2
Why You Want It8 life term insurance lengths + Very responsive customer service.Save up to 20% on your life insurance + Get Child Coverage at no extra cost.Get instant life insurance quotes from 30 top insurers + No brokerage fees.Work with a dedicated insurance advisor + Many customization options.
Term Life InsuranceYesYesYesYes
Terms Available
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 35 years
  • 40 years
  • 50 years
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 100 years
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 35 years
  • 40 years
  • To age 65
  • 5 to 50 years
Permanent Life InsuranceYesYesYesYes
Guaranteed Acceptance Life InsuranceYesYesYesNo
Universal Life InsuranceYesYesYesYes
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Lions Peak Insurance frequently asked questions

What is Lions Peak Insurance?

Lions Peak Insurance is an insurance brokerage that provides clients with term life insurance and permanent life insurance options from some of the country's top providers. Although based in Vancouver, they can service nearly all areas of Canada.

Where does Lions Peak Insurance operate?

Lions Peak Insurance is based in Vancouver and provides services to Canadians from cost-to-coast. Partnerships with large insurance companies mean it can offer services to residents of all provinces and territories.

Who owns Lions Peak Insurance Vancouver?

Lions Peak Financial Group is the driving force behind Lions Peak Insurance. Founded in Vancouver in 2017 and using the latest technologies, their primary focus is helping families and businesses navigate through the insurance buying process.

Does Lions Peak Insurance offer permanent life insurance?

Yes, Lions Peak Insurance offers permanent life insurance options, as well as term-life insurance, disability insurance, and mortgage protection insurance.

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Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

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2.9
Genius Rating
 
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